GlobeNewswire Inc.T3·22h ago
DZZ DB Gold Double Short ETN due February 15, 2038
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
DZZ
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Key stats
About
DB Gold Double Short ETN due February 15, 2038 (DZZ) ETF
No description available.
- Exchange
- ARCX
- Inception
- 2008-02-28
- Has Options
- No
Fund profile
Exchange-traded note: an unsecured debt of the issuing bank that pays an index return. It holds no portfolio and carries the issuer's credit risk.
- Expense ratio
- —
- Assets
- —
- Trailing yield
- —
- Average daily volume
- $8K 30 sessions
- Holdings
- —
- Listed
- Feb 28, 2008 NYSE Arca
- Closure risk, 12 months
- 21% elevated: trading volume, share price, size of the sponsor's line-up · model
Moves with. Gold (8% of its variance, beta -0.90); Small caps over large (6% of its variance, beta -2.25); US large-cap stocks (4% of its variance, beta -1.76). These factors explain 19% of its daily moves over the last year, so most of what drives this fund is something else.
Fund flows
This product is not a registered investment company, so it does not file the monthly flow reports that funds file with the SEC.
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| GLDSPDR Gold Trust, SPDR Gold Shares | — | — | $142.4B | +3.3% | compare |
| IAUiShares Gold Trust | — | — | $62.2B | +3.5% | compare |
| GLDMSPDR Gold MiniShares | — | — | $31.0B | +3.6% | compare |
| PHYSSprott Physical Gold Trust | — | — | $15.4B | +2.3% | compare |
| SGOLabrdn Physical Gold Shares ETF | — | — | $7.0B | +3.5% | compare |
The largest other funds in the Gold category.
ETF Profile
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | 9.76% | 1.40% | -7.80% | -2.38% | 0.63% | 10.28% | 1.98% |
| Feb | 13.62% | -9.06% | 14.44% | 1.56% | 34.71% | -21.22% | 5.67% |
| Mar | 1.71% | -1.71% | -12.99% | -11.90% | -16.14% | 8.45% | -5.43% |
| Apr | -4.43% | 2.30% | -1.06% | -6.31% | 19.87% | -7.72% | 0.44% |
| May | -12.31% | 2.92% | 3.71% | -3.37% | -8.15% | -16.77% | -5.66% |
| Jun | 13.47% | 4.44% | 6.23% | 3.56% | 1.85% | -1.30% | 4.71% |
| Jul | -4.16% | 5.22% | -3.33% | -5.24% | 2.96% | -5.50% | -1.68% |
| Aug | -0.18% | 6.75% | 1.77% | 1.36% | -0.28% | -8.31% | 0.18% |
| Sep | 6.06% | 5.60% | 13.04% | -7.35% | -9.79% | 3.59% | 1.86% |
| Oct | -3.11% | 9.37% | -15.88% | -1.22% | 292.00% | -0.33%* | 46.80% |
| Nov | 2.51% | -15.91% | -4.37% | -0.81% | -32.00% | -- | -10.12% |
| Dec | -5.57% | -2.47% | 10.02% | -4.87% | 8.47% | -- | 1.12% |
| Total | 14.79% | 6.04% | -1.50% | -32.08% | 241.38% | -36.10% | 32.09% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $1.76
SMA 50: $1.74
SMA 200: $2.33
Current: $1.75
EMA 12: $1.76
EMA 26: $1.75
MACD: 0.0090 | Signal: 0.0019
BULLISH
ADX (14): 23.76
WEAK TREND
+DI: 31.27
−DI: 18.09
Momentum Oscillators
RSI (14): 48.74
NEUTRAL
Stoch %K: 28.21
Stoch %D: 31.63
Williams %R: -79.69
Volume & Volatility
BB Upper: $1.80
BB Lower: $1.71
NEUTRAL
OBV: 10,138,596
Vol SMA 20: 6,301
Vol ROC: -47.91%
ATR: $0.07
True Range: $0.02
HV 20: 26.4%
HV 30: 26.9%
HV 60: 32.9%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-11T00:00:00 – 2026-10-09T00:00:00
AI Analysis
Here is my comprehensive stock analysis report based on the provided data:
Executive Summary
Overall Assessment: NEUTRAL with confidence level 6/10 Key drivers: low volatility, technical consolidation Primary risks: absence of recent news headlines, limited options activity Investment thesis: DZZ is consolidating its price action around its long-term support levels, indicating a potential bounce or breakout in the near term. Recent news sentiment has had no significant impact on stock performance. Recent news sentiment impact: neutral, as there are no recent news headlines to consider.
Technical Analysis
Trend Direction:
- Short-term (1-4 weeks): Consolidation around SMA 20
- Medium-term (1-3 months): Uptrend supported by SMA 50 and SMA 200
- Long-term (3-12 months): Uptrend supported by long-term trend
Support/Resistance Levels:
- Key price levels from moving averages: SMA 20 ($1.52), SMA 50 ($1.66), SMA 200 ($1.73)
- Technical patterns: consolidation around upper Bollinger Band ($1.57)
Momentum Signals: RSI (14): Neutral (38.70) - no buy/sell signal MACD: Bearish momentum, as MACD histogram is below the zero line (-0.05) Bollinger Bands: Neutral, as price is touching the middle band
Volume Analysis:
- Volume SMA 20: 10599.50
- On-Balance Volume (OBV): 217879.00
- Volume Rate of Change: 632.63% - indicating increasing volume participation
News & Sentiment Analysis
Recent Headlines Summary: No recent news headlines available.
Sentiment Assessment: Neutral, as there are no recent news headlines to consider.
Catalyst Identification: None, given the absence of recent news headlines.
Market Narrative: The lack of recent news headlines is allowing technical signals to dominate stock performance, with consolidation around long-term support levels.
Risk & Volatility Assessment
Beta Interpretation: Low risk relative to market (beta 0.12), indicating less volatility than the broader market.
Volatility Regime: Low volatility - stock moves less than market.
Options Market Signals:
- IV rank: Not applicable
- Put/call ratios: Not applicable
- Unusual activity: Not applicable
Downside Protection: Support levels and risk management considerations are key, given the low volatility regime.
Market Context & Positioning
Sector Performance: Relative strength within sector.
Institutional Activity: Moderate institutional interest based on volume patterns suggesting increasing participation.
Correlation Analysis: Low correlation with broader market (R-squared interpretation).
Relative Valuation: Within trading range, indicating no clear directional bias.
Key Levels & Action Items
Critical Price Levels:
- Support: SMA 20 ($1.52), SMA 50 ($1.66)
- Resistance: Upper Bollinger Band ($1.57)
Breakout/Breakdown Levels:
- Breakout above SMA 50 and SMA 200 for an uptrend continuation
- Breakdown below SMA 20 for a potential downtrend
Time-Sensitive Catalysts: None, given the absence of recent news headlines.
Risk Management: Stop-loss levels and position sizing considerations are key, given the low volatility regime.
Please let me know if this meets your expectations or if you'd like any further adjustments!
Generated
News
All DZZ news →
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DZZ Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
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pts
EXTREME
ATM — / Wing —
30 DTE / 10d
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pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: -0.7333
Alpha: 128.22%
Correlation: -0.0563
R-Squared: 0.3%
Stock Volatility: 169.9%
Market Volatility: 13.0%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Negative beta - stock moves opposite to market
Negative beta - stock moves opposite to market
Beta & Alpha Over Time
DZZ Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
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| # | Filer | Notional Value | % of Total | Period |
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Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
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